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Working Capital Policy
In this chapter… ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Estimation of Required Working Capital… ,[object Object],[object Object],[object Object],[object Object],[object Object]
Estimation of Current Assets… ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Where… ,[object Object],[object Object]
[object Object],[object Object]
Estimation of Current Liabilities… ,[object Object],[object Object],[object Object],[object Object],[object Object]
Where… ,[object Object],[object Object],[object Object]
Operating cycle… ,[object Object],[object Object],[object Object]
Operating cycle of Manufacturing firm… Cash Raw Materials Debtor Work-in- Process Sales Finished goods
Operating Cycle of a Non Manufacturing Firm… ,[object Object],[object Object],[object Object],CASH Receivables
Formula… ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Cash Conversion Cycle… ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
 

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